MONOPOLY 1, LLC offers a steady real estate investment built on conservative projections that will deliver consistent dividends (9.6%) and growth over the long-term.
Since inception, M1 has purchased 10 buildings comprising of 77 units with an acquisition cost of $2,572,350. Our share price has increased from $10.00 to $13.06 (as of Dec 31, 2009). This represents a 30.60% rate of return since inception. During this same time frame the S&P 500 is down 12.5%! Each year, the company has posted operating net income and a taxable net loss. The company has achieved or exceeded all of its financial projections.
Today, we are focused on our next purchase. M1 proposes to purchase and improve the properties known as Cardinal, Appletree, and Northside Apartments, for a long term hold of 15-20 years. The ultimate goal is to maximize cash flow, obtain a 12% return on capital invested, plus a preferred return and profit to the investor in the form of a semi-annual dividend beginning in year 2012.
Cardinal, Appletree, and Northside Apartments are a combined 78 unit, fifteen building investment consisting of studio, one and two bedroom apartments and 2 bedroom townhouses. All buildings have been built since 1988 with the latest built in year 2000. All buildings are located within the Joplin, MO market.
This specific purchase will add to our already "healthy" balance sheet and we will invite 43 new share members to join us in this investment.
For detailed information and to become an investor contact our President/CEO, Mr. Bill Holstine at wholstine@aol.com
Respectfully,
MONOPOLY 1, LLC
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